Summer Health Acquires Caraway Health
New York City-based Summer Health announced on February 11 that it entered into an agreement to acquire Caraway Health. Caraway Health is a Gen Z-focused virtual care company that was founded in 2022. The company is focused on caring for Gen Z women’s health. It offers a wide array of mental health services, as well as physical and reproductive health, for women between the ages of 18 and 29. Summer Health is a pediatric telehealth messaging service that provides parents with access to pediatric care at any time of the day via text message. The deal will give Summer Health a new foothold in adolescence and early adult health. Financial terms of the deal were not... Read More »
Mayer Brown Advises Marlin Equity Partners on Acquisition
Chicago-based international law firm Mayer Brown announced that it has advised Marlin Equity Partners on its acquisition of EIDO Holdings Limited in Nottingham, United Kingdom. EIDO will be merged with Radar Healthcare, a Marlin Equity Partners portfolio company. Financial terms of the deal were not disclosed. EIDO Holdings Limited is a provider of digital consent and patient information solutions, specializing in creating clear, accurate and accessible content to support informed consent in healthcare. Marlin Equity Partners is a Hermosa Beach, California-based global investment firm with more than $9 billion in capital commitments. It is focused on providing corporate parents,... Read More »
Cotiviti Acquires Edifecs
On February 10, Cotiviti announced that it acquired Edifecs, Inc. for an undisclosed purchase price. Founded in 1996, Edifecs provides solutions focused on interoperability, workflows, value-based care payments and analytics in the healthcare market. The company optimizes the secure exchange and processing of administrative and clinical data, reducing the cost of meeting various regulations and automating workflows involved in multiple core processes within the healthcare ecosystem. Cotiviti provides analytics-driven payment accuracy solutions primarily focused on the healthcare industry. On a trailing 12-month basis, ending on September 30, 2024, it generated revenue of... Read More »
Teladoc Health to Acquire Dallas, Texas-Based Catapult Health
Teladoc Health announced on February 5 that it signed a definitive agreement to acquire Catapult Health, a Dallas, Texas-based provider of virtual preventive care services. Catapult Health is focused on transforming the delivery of preventive and primary care through its VirtualCheckup and worksite checkup solutions. VirtualCheckup is an at-home testing solution combined with face-to-face video consultations with licensed healthcare providers. According to the original deal press release, Catapult Health’s trailing twelve-month revenue was approximately $30 million as of the third quarter of 2024. Catapult Health’s annualized revenue for 2024, based on the first three quarters,... Read More »
Sagility Acquires Arizona-Based BroadPath Healthcare Solutions
Westminster, Colorado-based Sagility announced its acquisition of BroadPath Healthcare Solutions, headquartered in Tucson, Arizona. The acquisition aligns with Sagility’s strategy to diversify its client base and add new capabilities to its services portfolio. BroadPath Healthcare Solutions is a healthcare-focused services company. BroadPath operates a work-from-home delivery model with more than 1600 employees located across the United States and Philippines. Its service portfolio includes member engagement, member acquisition, claims and appeals administration, provider enrollment and credentialing. Sagility is a leading provider of technology-enabled business process management... Read More »Schedule a demo
Gain access to the best healthcare and long-term care investment intelligence, data, and analysis.
